MAC Industries, Inc. d/b/a MAC Container Line, Complainant, 36202 [2020-12829]
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Federal Register / Vol. 85, No. 115 / Monday, June 15, 2020 / Notices
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[FR Doc. 2020–12971 Filed 6–11–20; 4:15 pm]
BILLING CODE 6715–01–P
FEDERAL MARITIME COMMISSION
[Docket No. 20–09]
MAC Industries, Inc. d/b/a MAC
Container Line, Complainant v. COSCO
SHIPPING Lines Co., Ltd., Respondent;
Notice of Filing of Complaint and
Assignment
contract rates in violation of 46 U.S.
Code 41104 (a) (2)(A) and 46 CFR
530.10(a)(1) ‘‘requir[ing] that an
amendment to a service contract ‘. . .
[have] prospective effect and . . . [be]
mutually agreed upon by the service
contract parties.’ ’’ Complainant claims
that it communicated to Respondents
‘‘that it would accept the rate increases
prospectively from on or about February
28, 2020, provided that [Respondent]
agreed to withdraw the unlawful
retroactive charges which [Respondent]
had unilaterally and unlawfully
initiated.’’ Complainant further alleges
that Respondent ‘‘has taken retaliatory
steps against MAC in response to the
complaint’’ including limiting its VIP
Partner benefits.
Complainant alleges that Respondent
violated 46 U.S.C. 41104 (a)(3).
Complainant alleges it has suffered
‘‘financial damages of at least
$1,000,000 as a direct result of
Respondents’ repeated violations of 46
U.S.C. 8 § 41l04(a)(3)’’ and seeks
reparations and other relief.
The full text of the complaint can be
found in the Commission’s Electronic
Reading Room at https://www2.fmc.gov/
readingroom/proceeding/20-09/.
This proceeding has been assigned to
Office of Administrative Law Judges.
The initial decision of the presiding
office in this proceeding shall be issued
by June 9, 2021, and the final decision
of the Commission shall be issued by
December 9, 2021.
Rachel Dickon,
Secretary.
[FR Doc. 2020–12829 Filed 6–12–20; 8:45 am]
BILLING CODE 6730–02–P
jbell on DSKJLSW7X2PROD with NOTICES
Served: June 9, 2020.
Notice is given that a complaint has
been filed with the Federal Maritime
Commission (Commission) by MAC
Industries, Inc. d/b/a MAC Container
Line, hereinafter ‘‘Complainant’’,
against COSCO SHIPPING Lines Co.,
Ltd., hereinafter ‘‘Respondent’’.
Complainant states that it ‘‘is a nonvessel-operating common carrier
(‘‘NVOCC’’)’’ and is principally located
in California. Complainant states that
Respondent is an ocean common carrier
and controlled carrier of The Peoples
Republic of China.
Complainant claims it ‘‘has shipped
pursuant to COSCO service contracts
between 8,000 and 12,000 TEUs
annually since 2016, to the present, and
as a result of these volumes MAC has
earned a VIP Partner status with COSCO
since 2013.’’ Complainant alleges that in
late February 2020, Respondent
intended to unilaterally amend service
VerDate Sep<11>2014
17:04 Jun 12, 2020
Jkt 250001
FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or
To Acquire Companies Engaged in
Permissible Nonbanking Activities
The companies listed in this notice
have given notice under section 4 of the
Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y, (12
CFR part 225) to engage de novo, or to
acquire or control voting securities or
assets of a company, including the
companies listed below, that engages
either directly or through a subsidiary or
other company, in a nonbanking activity
that is listed in § 225.28 of Regulation Y
(12 CFR 225.28) or that the Board has
determined by Order to be closely
related to banking and permissible for
bank holding companies. Unless
otherwise noted, these activities will be
conducted throughout the United States.
PO 00000
Frm 00019
Fmt 4703
Sfmt 4703
The public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
question whether the proposal complies
with the standards of section 4 of the
BHC Act.
Unless otherwise noted, comments
regarding the applications must be
received at the Reserve Bank indicated
or the offices of the Board of Governors,
Ann E. Misback, Secretary of the Board,
20th Street and Constitution Avenue
NW, Washington DC 20551–0001, not
later than June 30, 2020.
A. Federal Reserve Bank of Federal
Reserve Bank of Chicago (Colette A.
Fried, Assistant Vice President) 230
South LaSalle Street, Chicago, Illinois
60690–1414:
1. GNB Bancorporation, Grundy
Center, Iowa; to take assignment of a
loan to GNB Bancorporation ESOP and
thereby engage in extending and
servicing loans pursuant to
§ 225.28(b)(1) of Regulation Y.
2. Merchants Bancorp, Carmel,
Indiana; seeks permission to hold an
increased non-voting Class B
membership interest of approximately
44 percent in Arcline Lending, LLC,
Mount Laurel, New Jersey, and thereby
engage in extending and servicing loans
and real estate settlement servicing,
pursuant to § 225.28(b)(1) and
(b)(2)(viii) of Regulation Y, respectively.
Board of Governors of the Federal Reserve
System, June 10, 2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020–12841 Filed 6–12–20; 8:45 am]
BILLING CODE P
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2020–0001; Sequence No. 1]
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[Federal Register Volume 85, Number 115 (Monday, June 15, 2020)]
[Notices]
[Page 36202]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12829]
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FEDERAL MARITIME COMMISSION
[Docket No. 20-09]
MAC Industries, Inc. d/b/a MAC Container Line, Complainant v.
COSCO SHIPPING Lines Co., Ltd., Respondent; Notice of Filing of
Complaint and Assignment
Served: June 9, 2020.
Notice is given that a complaint has been filed with the Federal
Maritime Commission (Commission) by MAC Industries, Inc. d/b/a MAC
Container Line, hereinafter ``Complainant'', against COSCO SHIPPING
Lines Co., Ltd., hereinafter ``Respondent''. Complainant states that it
``is a non-vessel-operating common carrier (``NVOCC'')'' and is
principally located in California. Complainant states that Respondent
is an ocean common carrier and controlled carrier of The Peoples
Republic of China.
Complainant claims it ``has shipped pursuant to COSCO service
contracts between 8,000 and 12,000 TEUs annually since 2016, to the
present, and as a result of these volumes MAC has earned a VIP Partner
status with COSCO since 2013.'' Complainant alleges that in late
February 2020, Respondent intended to unilaterally amend service
contract rates in violation of 46 U.S. Code 41104 (a) (2)(A) and 46 CFR
530.10(a)(1) ``requir[ing] that an amendment to a service contract `. .
. [have] prospective effect and . . . [be] mutually agreed upon by the
service contract parties.' '' Complainant claims that it communicated
to Respondents ``that it would accept the rate increases prospectively
from on or about February 28, 2020, provided that [Respondent] agreed
to withdraw the unlawful retroactive charges which [Respondent] had
unilaterally and unlawfully initiated.'' Complainant further alleges
that Respondent ``has taken retaliatory steps against MAC in response
to the complaint'' including limiting its VIP Partner benefits.
Complainant alleges that Respondent violated 46 U.S.C. 41104
(a)(3). Complainant alleges it has suffered ``financial damages of at
least $1,000,000 as a direct result of Respondents' repeated violations
of 46 U.S.C. 8 Sec. 41l04(a)(3)'' and seeks reparations and other
relief.
The full text of the complaint can be found in the Commission's
Electronic Reading Room at https://www2.fmc.gov/readingroom/proceeding/20-09/.
This proceeding has been assigned to Office of Administrative Law
Judges. The initial decision of the presiding office in this proceeding
shall be issued by June 9, 2021, and the final decision of the
Commission shall be issued by December 9, 2021.
Rachel Dickon,
Secretary.
[FR Doc. 2020-12829 Filed 6-12-20; 8:45 am]
BILLING CODE 6730-02-P